SiriusXM Appoints Interim CEO
SiriusXM has an interim chief executive officer.
The satcaster appointed James Meyer to replace Mel Karmazin, who had previously announced his intention to step down.
Karmazin has left the board as well. He had been chief executive officer since 2004, and oversaw the merger between Sirius and rival XM Satellite Radio.
There had been speculation he would leave due to the takeover by Liberty Media.
Liberty, in fact, is leading the search committee vetting internal and external chief executive officer candidates, we’ve reported.
SiriusXM Chairman Eddy Hartenstein said the satellite radio company has a strong executive team and characterized Meyer as “a highly-qualified leader and operator.”
Meyer, who’s been president of sales and operations since 2004, is said to be on that list; he will also join the SiriusXM board.
Before joining the satcaster, Meyer was president of management consulting firm Aegis Ventures and consulted Sirius. He was with several consumer electronics companies before that.